Save time with process automation

Timekeeping has a big impact on a firm’s revenue. Clearly the more time that can be logged the more money you earn.

Conversely, the more time spent collecting time, the more money you notionally lose. It therefore makes sense to automate how time is collected and fed through to the billing system as much as possible.

The impact of any small gain you make is multiplied by the number of times you do that task, and when you factor in the added value you can realise from having some of your team redeployed on higher value work, you could find that small inroads into enhancing efficiency and increasing productivity begin to accumulate into quite significant impacts.

Good time recording performance is key for your firm to maximise revenue, ensure compliance with Outside Counsel Guidelines and guarantee billing hygiene to minimise write downs.

Save time with process automation

Tikit Carpe Diem Task Centre gives you the power to automate and schedule reports on an individual and firm’s timekeeping performance and publish these to key stakeholders to give them unprecedented transparency. Task Centre can also go further by enabling you to schedule or trigger tasks to prompt your fee earners to take corrective action on their time keeping where necessary.

Notifications and alerts

Missing, unclosed or unsubmitted time is literally lost revenue that is going unbilled. Use Task Centre to schedule and run regular notifications via email or SMS to fee earners to alert them to complete and submit their time entries efficiently. Full integration with Tikit Carpe Diem via our fully exposed API can automate tasks to submit outstanding records in a ‘ready’ status meaning potential revenue is not left hanging in the system.

Data integration and sychronisation

Moving information from a current system to a new system can be costly and take time. Why would you want to put yourself through all that hassle? Well with Task Centre you don‘t have to. It’s simple drag and drop tool does all the work for you making integrating and synchronising data from current systems easy and quick and thus reducing costs to the business. This helpful tool allows you to create a seamless end-to-end time recording and billing process.

The impact of any small gain you make is multiplied by the number of times you do that task, and when you factor in the added value you can realise from having some of your team redeployed on higher value work, you could find that small inroads into enhancing efficiency and increasing productivity begin to accumulate into quite significant impacts.

Tikit articles

TR Forefront: Why automation now needs to play the lead role in OCG compliance

TR Forefront: How Automation Will Make the Next Big Difference to Margins

TR Forefront: Where automation is going next in time recording